Senior Analyst FP&A

Job Description

The Opportunity: Under general supervision, analyze financial data to identify the companys financial status. Conduct cost and benchmarking analysis. Preparing budget reports. Develop financial models, taking legal limitations into consideration. Participate in regular audits and recommend corrective financial action plans. Create forecast models based on current and past financial results. Pune (India) Avantor Business Center (ABC) Financial Planning & Analysis (FP&A) team partners with Avantor leadership teams in driving the Avantor Key Strategic Business Priorities. ABC FP&A team enables Avantor leadership team in effective decision making by providing timely, accurate and actionable insights globally for all the markets, regions, businesses, and functions. Finance Business Partner FP&A is a member of ABC Pune FP&A team and partner with global leaders both operations & finance in driving various key priorities such as IOP, Forecast, and month end performance analysis etc. by dealing with various functional areas of finance such as Revenue, Cost, margins, Working Capital & Capex etc. This position will also actively partner with multiple stakeholders including operations team on a day-to-day basis to meet the ongoing business requirements. Finance Business Partner is expected to act as process champion/Subject Matter Expert of the assigned area and proactively enable his/her business partners in effective decision making by providing necessary insights by assessing Past & Current performance of the business. The Finance Business Partner is accountable to deliver defined Service Line Agreements (SLA) of his/her role and assist Pune FP&A leadership team in managing the lean culture of the organization and create global impact through change projects that drive automation, standardization, digitization, and analytics. This position Works on highly complex assignments with extensive latitude for independent judgment. This position requires strong business partnering skills with in-depth finance business acumen, data management, reporting and analysis expertise, influencing and change management skills. The position reports to Manager/Team Lead of Financial Planning & Analysis at Avantor Business Center (ABC) Pune and will have matrix alignment with onshore business partners. MAJOR JOB DUTIES AND RESPONSIBILITIES (List in order of importance) Business Partnering Act as Finance Business Partner for Operations team, understanding the key priorities of business/function and Providing insights with forward-looking analysis and initiate discussions/reviews with business partners to enable them in taking key business decisions. Analyzing trends & providing proactive recommendations to the finance leadership team by highlighting potential business risks & opportunities. Partner with Finance/Operations leadership on ad hoc projects /reporting as per the ongoing business requirements. Assessing the existing KPIs/reports of assigned businesses/functions, identifying the gaps in current process, proposing necessary changes to business partners and playing an active role in implementing the proactive mechanisms in measuring & driving business results. Driving Key Processes Act as Subject Matter Expert (SME) of function/business and support leadership team in driving planning, forecasting, pricing & month end closures processes including but not limited to sales & margin analysis, customer & product analysis etc. Assisting Pune FP&A manager to set up FP&A framework. Working Closely with Finance/Operations leads and provide insights in all the key areas of finance including Revenue, Cost Of Sales, Margins, Opex/Capex & Working Capital. Prepare weekly/monthly Management Review decks for leadership team by highlighting the outliers, collaborating with operations/finance teams in understanding the drivers behind the variances, providing necessary commentaries on the business performance. Actively involve in performance review discussions with Finance/Operations leadership teams and providing necessary suggestions to the leadership team on the way forward approach. Assisting finance leadership in driving the key business-specificglobal initiatives . Operational/Functional Excellence Take a lead in establishing Global Standardized Reporting for various businesses/functions. Closely Working with leadership teams in adopting the ABS practices for finance. Collaborate with other team members, identify & implement process simplifications/ improvements. Adopt the best/standard practices across teams. Prepare necessary process documentation of all the deliverables and periodical review of the existing documentation and making necessary changes to ensure the latest business changes are incorporated. Prepare financial analysis for various what if scenarios and sensitivity analysis in analyzing the business impact. Mentoring Coach and mentor new team members to make them successful in their respective role by assisting them in new transitions, having knowledge sharing sessions etc.